secwatch.observer — SEC 8-K summary
======================================

Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000893847-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Bancshares Q1 net income $4.5M, EPS $0.63; dividend raised to $0.19
----------------------------------------------------------------------------

- Net income of $4.5M (diluted EPS $0.63) vs $3.3M ($0.47) in prior year quarter, up 36%.
- Net interest margin FTE 3.39% vs 3.16% a year ago; net interest income $14.7M.
- Loans held for investment $1.52B, down 1.3% linked quarter; deposits $1.53B, down 2.7%.
- Non-performing loans to total loans 0.56%; allowance for credit losses 1.56%.
- Quarterly dividend increased $0.02 to $0.19 per share, payable July 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384724000009/0000893847-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384724000009/hwbk-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000893847-24-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer